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of the top defense analysts gives you his list of losers and winners next. >>> attention amazon shoppers, the online retail giant has its sights set on selling wine. >>> and oops, tim cook apologizes for apple's half-baked map app. is this his first big mistake of the ceo? we'll get to the core of the matter. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwa start trading today with for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pa
about how the white house may be trying to convince defense contractors not to send layoff warnings to workers before next month's election. the office of management and budget sent a memo last week saying the government could cover the cost that companies would face if they run into legal troubles for not properly warning those workers. here's the federal law and what it says. it says that companies with 100 or more workers must provide 60 days notice before mass layoffs or plant closings, or those workers can get up to 60 days of back pay if they are not notified. the republicans are crying foul and eamon javers picks under the story. >> reporter: here's what the omb said in late september -- it is neither necessary or appropriate for federal contractors to provide warn act notice to employees 60 days in advance of the potential sequestration because of the uncertainty about whether sequestration will occur. i've toualked to employees at t white house and omb about this question. their idea is this -- first of all, there's uncertainty about the fiscal cliff itself, whether it is a
will host a meeting of nato defense ministers in brussels next week. necessity will likely discuss the nato mission and afghanistan beyond 2014 when combat operations are scheduled to end. >>> japan's defense minister says full scale operations of the osprey aircraft have been delayed. parts need to be replaced. 12 tilled rotor ospreys arrived as a u.s. air base in western japan in july for a temporary stay. six were flown to the air station in okinawa on monday. three more followed the next day. he told reporters that u.s. officials said two of the three ospreys require maintenance that includes replacing certain parts. >> translator: if an aircraft needs replacement parts, it usually means there is some problem with them. >> he says he does not believe the u.s. has a clear time tiebl or making the ospreys a fully operational unit. the u.s. military says they hope to start full operations within this month. >>> a vehicle named curiosity has been satisfying our curiosity ever since it landed on mars. nasa's rover transmitted pictures, even sound since it landed two months ago and the people
of were the romney-type stocks, the defense stocks, some of the insurance stocks, were big market outperformers, where as some of the obama stocks, healthcare and so forth, were some of the comparative losers. so we definitely saw not only a market rally yesterday post the debate the day before, but we also saw it mostly in the mitt romney-type stocks. > > not to mention though we did have some decent economic data that also came into the market. but going back to the romney/obama matchup, the election is still a ways away. so could this be a buying opportunity for people who still think that healthcare reform will become a reality? > > absolutely. for those who are looking for a little pullback, and again, yesterday's move was not that great in the context of everything, but, we'll wait and see how big this will be if the romney stocks continue outperforming the obama stocks in the next week or so. so on any further dip, if you're a believer that the democrats will still hold the presidency, i think this may be the opportunity for people to jump into those names, and maybe if you
with republicans to slash defense spending if there's no budget deal by january 1st. >> and the idea of cutting our military commitment by a trillion dollars over this decade is unthinkable and devastating. >> reporter: romney's polls in this battleground state look potentially devastating. he's trailing by 3 to 7 p ers percent. romney backers like dave milne are worried. >> he has to get a little more fire in the belly. >> reporter: more romney the businessman suggests soccer mom monica camera. >> he needs to bring up the economy. >> reporter: president obama was in virginia pushing an elitist image of romney in a tv ad to run here putting faces on the 47% of americans romney says he sees as dependent on government. >> i see hard working virginians, i see students trying to work their way through college. >> reporter: the president was with students who typically pay no income tax, like many soldiers. >> and a see a whole bunch of veterans who have served this country with bravery and distinction. >> reporter: amid the cheering veterans at the romney rally was dave klane undecided because he says
of the joint chiefs of staff and the defense secretary finally statedding the obvious. >> it was a terrorist attack. as we determined details of what took place there and how that attack took place that it became clear there were terrorists who planned that attack. that's when i came to that conclusion. >> day after or was -- >> took a while to really get some of the feedback from what exactly happened at that location. >> there was a thread of intelligence reporting that groups in the environment in western, correction, eastern libya, were seeking to coalesce but there wasn't anything specific. bill: well, peter doocy is live in washington drilling down on the specifics. peter, if the administration knew it was terrorist attack in 24 hours, why did they not just say that? >> reporter: we heard from administration officials there is ongoing investigation and more details will come out after it wraps up. we learned yesterday not one fbi agent has stepped foot in fwauz gauze in the 17 days since the attack because things are too dangerous. u.s. officials internally labeled the deadly raid on t
. [talking over each other] connell: department of defense telling lockheed martin not to be concerned about the fiscal cliff at the end of the year. rich edson at the pentagon to report on that. dagen: more problems for american airlines. when will that end? is it a labor fight? looking at the markets underrated but we don't like looking at it. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. robert: i am robert gray. republican senator chuck grassley of iowa turning up the heat on tim geithner. charlie gasparino reports that the senator wants to know what tim geithner knew about manipulations and when he knew it. grassley is asking tim geithner if he defends not telling congress about manipulation in 2008. u.s. automakers reporting mixed septembe
it will not be subject to any defense related budget cuts at the start of the year. lockheed martin coming out bullish. rich edson has the whole story live at the pentagon. don't miss it. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> i'm robert gray with your fox business brief. wall street continues to struggle with less than 30 minutes in the trading game. investors skittish of the return of the upcoming earnings season. spain's prospect for a bailout request and possible sovereign credit rating downgrade. right now the dow is off 46 points, the nasdaq now slightly higher. liberty media will soon find out how its takeover bid for serious ex-im is being received. the federal communications commission has set a november 1st deadline for
panetta will be joined by canadian minister of national defense, peter mackay. they have a press conference scheduled at the pentagon. that will begin in just a minute. it is friday, so that means tomorrow is when book tv on c- span 2 begins at 8:00 a.m., an american history tv on the c- span 3 begins at 8:00 a.m.. so, if you need any information about what is on c-span this week, reminder, both the wisconsin and nebraska debates will be live on c-span today. nebraska is at noon. wisconsin is at 9:00 p.m. eastern time. as you can see, this is about to start. we are bringing you live coverage. have a great weekend. >> we are live here at the pentagon this morning for a briefing with secretary of defense, leon panetta and canadian minister of national defense, peter mackay. leon panetta news yesterday as he acknowledged that terrorists had planned and carried out the attack on united states consulate in benghazi earlier this month and killed four americans, including chris stevens. we could get more on that today. also going on on our companion network c-span 2 right now, on land s
assured by the department of defense that they will not be subject to any major cuts. what's going on? tracy byrnes and ashley webster have the story next on fox business. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell youdoctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whatever swims our
to president obama's defense. >> i want to tell you how proud i am to stand shoulder to shoulder with a guy who has done more for israel physical security than any president of eight i served with. >> that came the day that the president was on the phone with netanyahu who is in the united states instead of meeting him in person. a white house statement said they are in full agreement of a shared goal to prevent iran obtaining a nuclear weapon, it stopped short of agreal to the red line that he demanded thursday. >> where should a red line be drawn? right here. before, before iran completes a second stage of nuclear enrichment. >> romney pressured the president scheduling his own call today with netanyahu. >> the national security threat is iran with nuclear capability. we spoke about the assessment of where the red line ought to be drawn. >> romney took the opening to hamer a president who has seen drop on foreign policy. the problem is bigger on the questioning of the handling of libya with 39% of the public approving, 43% disapproving and 17% unsure. >> i'm supposed to be eye candy here. >>
smith, an 18-yard strike. the past decade the ravens had one of the best defenses in the league and here is why. kerry williams picked off weedon, 65 yards the other way, baltimore went on to win it. >>> the players have been locked out for 13 days in the nhl and yesterday the league canceled the preseason. the two sides meet today in new york. >>> baseball, rangers play-off bound, beat oakland to clinch the al west. a home run and three rbis. they won it 9-7. then you have the white sox in the middle of a late september collapse. evan longoria and the rays won it 3-2. the sox dropped 8 of 9. chicago's loss is detroit's game. doug fister made american league history, struck out nine straight. tigers held on to win it 5-4. >>> and finally, the mets r.a. dickie picked up the 20th win of the year. everybody is talking about travis snyder. a shot deep to ride. snyder tracked it down. scaled the fence like spiderman and made the grab. cool, calm and collected. snyder hauled it in. that is not only the catch of the day, that is the catch of the year. that's your "first look" at sports. have a
it into the first two things fifth of the one it's not determine if deterrence and defense to argue and no city can be fun to say whether it is a deterrent because the people that are deterred are not coming for to tell us it's clearly not of the wicked ever know 3/5 and the first practice saving of the money it's an empty argument. there has been three separate independent studies done on how much money would be saved. the very $85 million between the top one and the lowest one simply not based on reality. boaters should not vote on that basis. quitter you want to see the death penalty carried out since the voters should make that choice for themselves. the problem is it's not going on right now nobody has been executed in years and the whole process is frozen and if it's not going on when not get rid of it. " that sort of like saying for all those years the foreigners were lousy team motion of dennis try to improve the image of disclose the team down. i don't have the pessimism that many do with the weakened fix it. i think we can if we have leadership if we ever political leaders that truly say
trillion just to give you a sense over ten years that's more than our entire defense budget. and you think that by closing loopholes and deductions for the well to do somehow you will not end up picking up the tab. then governor romney's plan may work for you. but i think math, common sense, and our history shows us that's not a recipe for job growth. look, we've tried this. we've tried both approaches. the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. we ended up moving from surplus to deficits. and it all culminated in the worst financial crisis since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus. and businesses did very well. so in some ways we've got some data on which approach is more likely to create jobs and opportunity for americans. and i believe that the economy works best when middle class families are getting tax breaks so that they've got some money in their pockets. and
is is that he goes defense. northrop grumman. remember that private jet thing? i was waiting for him to hit vegas. and the gangstas. but you had general dynamics. this is a fulcrum stock. you want to sell it if it's obama, buy it if it's romney. >> again, this is one priced below the low end of the range by 50 cents. and it's trading lower right now at the open by 4%. let's check in with bob pisani here on the floor with more of what is moving this morning. bob. >> reporter: so are we getting a romney bounce for stocks this morning? look, i think everybody agrees, governor romney did very well, better than some people thought. you noticed europe. this is what i watch every morning, get up, 3:00, look at how europe's going to open. and normally europe opens strong. we open strong. but this morning europe has been meandering. not a lot of trends earlier on. but our market was up overnight. nicely. and some people are attributing this to a potential romney -- potential romney strong showing. a lot of people feel that the stock market might be better under governor romney. elsewhere, i want to
of the best defenses in the league and here is why. kerry williams picked off brandon weeden 63 yards the other way. baltimore went on to win it 23-16. >>> doesn't look good for the nhl. the players have been locked out for 13 days, and yesterday the league canceled the entire preseason. there is a glimmer of hope. the two sides will meet today in new york. t white sox are in the middle of a late september collapse. longoria belted one, the rays won it 3-2. chicago's loss is detroit's gain. the tigers are up two games in the central. jumped to a 4-0 lead against the royals. doug fister struck out a nine straight. tigers held on to win it 5-4. >>> finally the mets r.a. dickey picked up his 20th win of the year. travis schneider scaled the fence like spiderman and made the grab. that's not only the catch of the day, that is the catch of the year. that's your early look at sports on "early today." have a great weekend. i'm fred roggin. >>> a reality star defended the nail polish that costs more than some homes. your early morning entertainment headlines are straight ahead. >>> we'll show
. >> reporter: the defense of marriage act signed by president bill clinton is also facing numerous challenges. the law states that the federal government will only recognize traditional marriages, meaning no federal benefits even where same-sex marriage is legal. >> same-sex couples are denied hundreds of different rights and benefits that are provided to married different-sex couples under federal law. >> reporter: on the document as well, whether to curtail parts of the historic voting rights act of 1965. it mandates federal oversight for states with a history of voting discrimination when changing any rules for elections. challengers say the law is outdated and unnecessary. a big lineup of cases that could change the landscape of civil rights in america. francis coe, nbc news. >>> here is a look at other stories making news early today in america. in maine a group of strangers spring into action when an elderly woman drove her car into the portland harbor. the ban of good samaritans pulled the 84-year-old out of her car moments before it sank. the woman is in stable condition. some of the
of the trio had decided to break with the defense team. >> i do not exactly know what has happened. we met of three women on friday. one of them confirmed we would continue to work together. something must have happened over the weekend. >> the lawyers believe someone may have pressured her to create discord between the women and their legal representatives. the others are sticking by their story that they did not commit a crime when they staged a protest in the moscow cathedral. >> my client as already stated it was an ethical mistake to stage a protest at the cathedral of christ the savior. i think those apologies should have been accepted. >> but apologies are not enough for radical members of the russian orthodox church. they staged a protest outside of the court demanding a higher penalty for pless-- for pussy riot. >> syria's for and -- foreign minister. >> addressing the u.n. general assembly, he claimed that france, the u.s., saudi arabia, qatar, and turkey were injured. in the syrian domestic fears -- were interfering in syrian domestic affairs. in syria itself, dozens of civilian
national defense. ashley: meanwhile the white house engaged in a series of secret talks on the attack on al qaeda. it included the possibility of unilateral military action against al qaeda in the region. yet still american diplomats on the ground in libya denied additional security to ensure their safety. we take up all this right here tonight, we have retired lieutenant colonel, and also, moody's chief economist on why wall street might not care who wins this election. america's security and the obama administration's handling of foreign affairs quickly becoming one of the top issues with 35 days to the election. and one day before the very first presidential debate. as the white house continues to stonewall cracks in the deadly september 11 attacks in libya continued to emerge. fox news correspondent has more in our report. >> how secure was the u.s. consulate in benghazi before the attacks on 9/11? top republicans on the house oversight committee in a letter to secretary of state hillary clinton shows the security was unstable and unraveling and plead for help rejected. santa made repea
to the furthest checkpoint they ventured out to since the new orders. the first line of defense against the taliban. the checkpoint is now manned by afghan forces. but we found a disorganized group with few uniforms but plenty of guns, a potential danger for u.s. troops. >> if you come to an environment like this there are afghans with weapons. >> they're not going to put away their weapons just because we're here. as you see, everybody else has got theirs, too. >> reporter: you've built this relationship on trust and now you're saying well, hold on, maybe we don't trust you and-- that's not what you're saying. >> right. >> reporter: but that's the impression. >> that may be the message. we tried to soft than blow as much as we can. they felt guilty for the incidents themselves so they understood why we were trying to do this. we're going to continue this relationship as best we can given this and they were good with it. >> reporter: the soldiers that we were with hoped to finish vetting the afghan forces this week but, scott, commanders have a new list of conditions that have to be met
to see barack obama playing a lot more defense." that was bill allison of the sunlight foundation. at long last, a wall street firm is being sued for fraud in connection with the housing crash. the suit was filed monday by the new york attorney general. the lawsuit holds jp morgan chase responsible for action by wall street firm bear stearns, which it acquired in 2008. the sold bear stearns prior to the housing collapse from 2006-2007. the attorney general says investors lost $22.5 billion on mortgage-backed securties. "this the heart of what inflated housing prices are about if you look at it - the insatiable need of these banks to get more and more mortgages no matter what quality, so they could package them and sell them, make money, and go back for more loans." the ag says the toxic mortgages were sold to individual investors as well as pension funds. americans lost retirement money and value in their homes. a jp morgan spokesman responds: "we're disappointed that the nyag decided to pursue its civil action without ever offering us an opportunity to rebut the claims and witho
perspectives. you are more defensive. let me get to you because you heard mark talking about if we see another big selloff we start to get nervous but until then no. why are you not nervous or at least concerned? >> we are cautious about third quarter earnings and standard deviations above the mean and nominal gdp terms we are already below levels normally associated with recessions. it is difficult to see those margins being sustainable. europe is getting worse especially the currency -- trying hard to judge the value of the currency and hitting stronger so nothing new coming out of europe but china is slower. all those things are known but i don't think the market is discounting what is going -- cheryl: we say don't fight the central bankers. >> general you don't want to fight the central bankers but i also think we are reaching a limit what you can expect monetary policy to do in terms of what it will do for the overall economy. dave: that is the point. every time the fed comes out of the new money printing scheme and there has never been in my lifetime a money printing scheme like this whi
're very careful, very defensive when i ask them how do you relate to the political parties in spain. they all smile and say we keep as far away from them as we can. and they do. they have nothing to do with them. [laughter] their sense is parliamentary politics is the hornet's nest of trouble and corruption. even though they clearly have their leftist -- it's very obvious when you go there they are on the left, but they do not. they want to keep very clear of the -- but they are a stunning example of what can be done. not that you have to go to other countries. cooperative enterprise. and, again, let me urge you -- i'm really embarrassed that i forgot the title, but one of your folks here in san francisco, in berkeley, john curl, curl, written a book. new edition came out this year. of the history of cooperative enterprise here in the united states. it will amaze you of how much our history as a nation is wrapped up with people who came from all over the world with all kinds of experiences they brought with them in collective or cooperative or community enterprise. last point. the k
at the lustration has declined to defend the defense of marriage act. present romney might decide he would defend the constitutionality of that statute. it does seem like that has a lot of salience and presidential debates. i.t. think it will not happen. here is why. no major national political figure has attacked as publicly since 1996 or before. it is remarkable. the republicans were seeing some political profit in attacking affirmative action given the polls. they do not do it anymore. john kerry said maybe it is time to stop these racial preferences. the democratic leadership council was inching down that road. that is all gone. this is why we get so demonized if we ever raise our voices against affirmative action. part of it was there was an incredibly bitter campaign in california over proposition 29 which banned racial preferences in state programs in 1996. really bitter. i think it is fair to say there is an awful lot of demonizing going on against the supporters of proposition 209. it was bloody. i think politicians look at that and say i do not want to get into that. joe lieberman backe
marginally in the green. strength in defensive telecoms were partially offset due to falling oil prices. over in japan, the nikkei heat a three-week low as investors remained cautious ahead of the boj and ecb meetings, but the retailer rallied, because annual group sales could top nearly $1 billion. if so, it would be the first japanese retailer to ever reach that scale. over in australia, the asx 200 edged up to a 14-month high. minors slumped following a short rise in the trait deficit. india now higher by .2%. >> up next, uk drinks maker have been given an extinction to survive. that's up next. >>> and now for a fluffy news story. we don't always get to do this. looking at pictures of cute animals may actually increase workers' concentration and productivity. that's according to researchers at the university of hiroshima. does your cute puppy or cat increase your productivity? if you want to join the conversation, get in touch with us by e-mail, via twitter, and i'm also on twitter as well. >>> the french president is facing some pest problems. a small group of entrepreneurs are making hea
pretty clearly it was a terrorist attack. >> brown: at the pentagon today, defense secretary leon panetta seemed to have little doubt about what happened at the u.s. consulate in libya more than two weeks ago. >> a group of terrorists obviously conducted that attack on the consulate and against our individuals. what terrorists were involved, i think, remains to bdetermined by an investigation, but it clearly was a group of terrorists who conducted that attack against the facility. >> brown: what seemed clear today, though, had seemed less so just days ago. the original explanation for what happened the evening of september 11 was that an america-made movie denigrating islam had incited a mob, which had then stormed the u.s. consulate in benghazi. that attack left four americans dead, including u.s. ambassador to libya, christopher stephens. but in the weeks since, even as protests spread across the muslim world over the anti- muslim film, a chorus of doubt grew over whether militant extremists, including al qaeda , had planned the attack to coincide with september 11. and the entire issu
.t. and the only difference was the color of our skin. the defense of marriage act signed by president clinton is also facing numerous challengeses. the law states the federal government will only recognize traditional marriages, meaning no federal benefits even where same-sex marriage is legal. >> same-sex couples are denied hundreds of different rights and benefits that are provided to married different sex couples under federal law. >> reporter: on the docket as well, whether to curtail parts of the historic voting rights act of 1965. it mandates federal oversight for states with a history of voting discrimination, when changing any rules for elections. challengers say the law is outdated and unnecessary. a big lineup of cases that could change the landscape of civil rights in america. fr frances coe, nbc news. >>> and now here's a look at some other stories making news early today in america. in maine, a group of strangers spring into action when an elderly woman drove her car into the portland harbor. the band of good samaritans pulled the 84-year-old out of her car moments before it sank
as investors took profit on defensive plays. >>> european policymakers, made grid's budget a major step towards recovery, but today the government must brace for the results of the banking stress tests. teach sedgwick has been following the story for us all week out of madrid. steve, good morning. sounds like we may not know the results of the stress tests until well after the afternoon. >> yesterday i had an interesting question, he said what time is the budget due. i said about an hour and a half ago. and that's the problem with communication here in spain. we don't get finite times of when things will happen until very often after they've started. in the end of course we got the spanish budget announcement somewhere in the region of 5:00 p.m. local time having been told the press conference will be at 1:30. so after market seems to be the consensus at the moment. when that means could mean up until monday, i guess. but in terms of the stress test itself, i wouldn't get too worked up about it. yes, it will show that the banks potentially will borrow money, but they don't need as much as feare
thrown out because she tampered with the evidence. >> i think the defense lawyer interviewed in this case was right, which is some miscarriages of justice will be righted here. some innocent people get out of jail. a whole lot of people are going to get out of jail, too. >> do we have any sense of why she did this? she hasn't been clear on that. she said she just wanted to be the best worker possible. i think we all understand, if you're going to be the best worker possible, you're not faking results. i think there may be a kind of a sub text here which is -- this could all be cbs's fault -- in the world of csi, the programs we broadcast, it has taken the work of the crime lab which used to be a fairly dull, civil service, going through the motions job, and glamorized it into this really cool profession that has drawn a lot of people who wanted to be associated with it. kind of the new genre of police heroes. here is a woman who wasn't really qualified, overstated her qualifications and wanted to be the hero of the police lab. i think a lot of this is she wanted to be really well regarded
talked about his trillion dollars in tax cuts and his trillion dollars in additional defense spending. it is mathematically impossible to accomplish what governor romney proposed. he sat there and talked about working with congress, addressing health care. the most ironic part was when governor romney was out there discussing -- >> that's simply not true. >> criticizing the president when in fact his policy similar to the president proposed. >> that's not true. if you look at what president obama was doing -- >> there's a long ways before the election is over. governor romney had one good day out of a horrific campaign by any standard. now the question is what happens after this. >> the campaign was so horrific, chris, then the polls wouldn't be as close as they are and national polls have them neck and neck. >> i'm not sure what polls you're remembering ferring to. >> let me finish. romney is up in some of the daily tracking polls. so the campaign is not -- again, chris, hold on a second. >> that's not factually true. he down in the balance will you please every single tracking poll.
of the companies particularly defense companies, start sending out notices to their employees and to about plant closing and layoffs. if that happens we think there will be a lot of chatter, a lot of back and forth. that could create some jitters. but for right now, we don't see it, and i will point out that we've had the debt ceiling increased without political rancor that we're used to or maybe expecting. so right now, the market is telling us that it all looks good. ashley: all looks good. hey, look through rose tinted glasses as they say. thanks so much for joining us. we appreciate it. >> thank you, ashley. ashley: thank you. tracy: well, f stock members which is the financial stability oversight council, i think we ask rich edson about that, they will discuss a number of topics on domestic and global markets and voted approval on the 2013 budget. rich edson has more on that. am i right about that? >> you're right. we have the acronym. we have a lot of acronym tests here in washington. analysts expected the nation's top regulators to decide and reveal which large non-bank financial companie
, just to get a sense of her 10 years, that is more than our entire defense budget. anything by closing loopholes and deductions for the well-to-do, somehow you will not end up picking up the tab, then governor romney's plan may work for you. but i think math, common sense in our history shows us that is not a recipe for job growth. look, we tried this. we've tried both approaches. the approach that governor romney is talking about is the same sales pitch made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. we ended up moving from surplus to deficit and it all culminated in the worst financial crisis since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs, what from deficit to surplus and businesses did very well. so in some ways they've got some data on which approach is more likely to create jobs and opportunity for americans. and i believe the economy works best when middle-class families are getting tax breaks so that they've got the money in their pocket. most of us who have done extraordinarily w
the pentagon. romney criticized obama over potential defense cuts and vowed to maintain u.s. military power. >> we're going to make sure to restore the principles this nation was built upon a freedom and opportunity and restore our economy and put people back to work, get rising take-home pay again. we're going to make sure we of the military that a second to none. i will do those things. i look forward to being able to keep the station strong. i make that commitment to you. i need your help. we have to win in virginia. we will keep america the hope of the earth. >> a new video has raised questions about mitt romney's repeated claims on the campaign trail that his business background would help him create jobs as president. the video released by the magazine "mother jones" shows romney in a 1985 address describing the mission of bain capital, the private equity firm he co-founded and formerly ran, saying the goal is to harvest companies for profit. >> bain capital is an investment partnership which was formed to invest in startup companies and ongoing companies, take an active hand in manag
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